Quantum Financial Advisors LLC Acquires New Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Quantum Financial Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, Holdings Channel reports. The firm bought 25,482 shares of the company’s stock, valued at approximately $696,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Barrett & Company Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $34,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $38,000.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Shares of SCHD stock opened at $27.52 on Wednesday. The firm has a market capitalization of $19.31 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The firm’s fifty day simple moving average is $28.26 and its 200 day simple moving average is $27.79.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.